Tax
Wealth and Asset Management
4 California billionaires saw their wealth soar 322% over the past two years — but paid 0.04% a year in state income tax
California, like most states, taxes the wages people earn from their jobs. But in 2019, 2020 and 2023, Google co-founders Larry Page and Sergey Brin each owed California just 13.3 cents in income tax on what they got from Alphabet, according to estimates from three economists. That’s because Alphabet paid…
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Click here to read the full story: Yahoo Finance